“Two years ago Mark Richards noticed that no one had registered the .com and .co.uk addresses for “latelicence” and “latelicense”. He bought the domains for £20 and sold all four as a package one month later for £6,000.

“And Peter Savage whose best return was http://www.fastpizzapizza.com. He registered the address for $20 after watching the success of Pizza.com, which sold in April for a record $2.6 million. A month later he sold his address on Sedo.co.uk, the website marketplace, for $5,600, earning him £3,122.